Allied Blenders, Vraj Iron get SEBI’s go ahead for IPO

Mumbai-based Allied Blenders and Distillers and Chhattisgarh-based Vraj Iron and Steel have received green signal from the Securities and Exchange Board of India (SEBI) to go ahead with IPO. The Indian-made foreign liquor (IMFL) maker eyes ₹1,500-crore initial public offering (IPO) that comprises a fresh issue worth ₹1,000 crore and an offer-for-sale of up to […]

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Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said. Besides, investors would also take cues from the trading activity of foreign investors, the movement of global oil benchmark […]

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BSE to take steps to mitigate options volatility

The BSE is taking steps to mitigate sudden spikes in options prices. The bourse had seen sudden spurts in two of its derivatives indices on February 2 and April 12, which has prompted the exchange to ramp up surveillance measures. It recently introduced what is called a “limit price protection”, which will place restrictions on […]

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